US scrap prices still at high level
YIEH reported that although US domestic steel scrap prices in some areas are falling, the export price is still in a high level.
As per report Taiwan's mill has purchased US shredded container scrap at USD 465 per tonne CNF. Besides, South Korea Hyundai Steel recently purchased 40,000 tonnes of US P&S steel scrap at USD 488 per tonne CNF. On the other hand, Japan's H2 scrap is quoted at USD 475 to USD 480 per tonne CNF to Taiwan.
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